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Apartments in 60040

1 - 4 of 4 Results
51
Arrive North Shore Apartment for rent in Highwood, IL
$1,745 - 3,155
Arrive North Shore
Deal
634 Sheridan Rd Highwood, IL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
5
25 Webster Ave Apartment for rent in Highwood, IL
$1,700
25 Webster Ave
Highwood, IL
1 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
Covered Parking
1
Webster Place Apartment for rent in Highwood, IL
$3,750 - 4,400
Webster Place
25 Clay Ave / 20 Webster Ave Highwood, IL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
2
546 Green Bay Rd Apartment for rent in Highwood, IL
$1,525
546 Green Bay Rd
Highwood, IL
1 BR | Ask for Availability
Contact
1 - 4 of 4 Results
  1. Home
  2. Chicago Area Apartments
  3. Highwood
  4. 60040

How much does it cost to rent an apartment in 60040?

60040 apartments
Bed Type Average Rent Range
1BR $1,750 $1,530 - $1,850
2BR $2,000 $1,830 - $2,090
3BR $4,130 $2,640 - $4,400
Frequently Asked Questions

How many apartments are available in 60040 on Rentable.co?

Rentable.co has 4 apartments available for rent in 60040.

What is the average rent for an apartment in 60040?

The average rent for an apartment in 60040 is around $2,000 per month.

What is the average rent for a two-bedroom apartment in 60040?

The average rent for a two-bedroom apartment in 60040 is around $2,000 per month.

What is the average rent for a one-bedroom apartment in 60040?

The average rent for a one-bedroom apartment in 60040 is around $1,745 per month.

Find an Apartment in 60040
Looking for apartments near 60040 Highwood, IL? Rentable has a number of rental options available in this area. Currently, there are 28 units ready for rent in the 60040 zip code. The average rent for apartments in 60040 is $2,000, and you can find a 1-bedroom floor plan starting at $1,525.

Highwood, IL offers a variety of nearby amenities and attractions. You can enjoy the outdoors at the picturesque Fort Sheridan Forest Preserve or take strolls in the nearby Highwood Sculpture Park. With its close proximity to Lake Michigan, residents of 60040 can also take advantage of the scenic beaches and waterfront activities.

If you're searching for apartments for rent in 60040, explore Rentable's listings and discover your next rental in this vibrant community. Whether you're looking for a cozy studio or a spacious townhouse, you're sure to find the perfect fit for your needs.

Highwood:
July Rent Report

Welcome to the July 2025 Highwood Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2025 key findings and figures for the Highwood rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Highwood and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Highwood average rent prices in the chart below.

Monthly Rent Report

$2,500
$1,880
$1,250
$630
$0
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
1 BR       2 BR

Highwood Rent Prices Increase From June to July

Highwood rent prices increased over the last month. From June to July, the city experienced a 7.33% increase for the price of a one-bedroom apartment. The rent price for a Highwood one-bedroom apartments currently stands at $2,255.0.

When we take a look at the two-bedroom comparison from June to July, Highwood experienced a 4.5% increase for the price of a two-bedroom apartment. The rent price for a Highwood two-bedroom apartments currently stands at $2,439.0.

July Prices: Highwood vs. Surrounding Areas

Rent Prices in Highwood and Surrounding Areas

Rent prices have increased in Highwood over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Highwood suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Highwood suburbs

  • Rents did not decrease in any of the Highwood suburbs.

July 2025 Pricing Trends: Highwood vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,074
$3,214
$2,367
$2,295
$1,876
$1,370
$1,312
$1,250
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Highwood Rent Prices More Affordable Than Major Cities

Rent growth in Highwood over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Highwood average rent prices appear to be relatively affordable for local residents.

The price for a Highwood one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Highwood and surrounding area rent prices, take a look at the complete data set below.

Data set for Highwood and suburbs

1 BR July 1 BR M/M % Change 2 BR July 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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